The current NAV of Axis Money Market Fund(M-IDCW) is ₹1018.42, as of 24th April 2025.

The Axis Money Market Fund(M-IDCW) was launched on 6th August 2019. This mutual fund's past returns are as follows:

• 1 Year Returns: 0.36%
• 3 Year Returns: 0.26%
• 5 Year Returns: 0.04%

The top sectors Axis Money Market Fund(M-IDCW) has invested in are as follows:

• Public Banks | 43.69%
• Private Banks | 25.53%
• G-Sec | 16.30%
• Investment Banking & Brokerage | 10.22%
• Home Financing | 6.67%

This data is as on 24th April 2025.

The top 5 holdings for Axis Money Market Fund(M-IDCW) are as follows:

• Clearing Corporation of India Ltd | 5.00%
• Canara Bank (04/02/2026) | 4.84%
• National Bank For Agriculture and Rural Development (06/02/2026) | 3.87%
• 364 Days Tbill (MD 18/12/2025) | 3.27%
• Canara Bank (12/03/2026) | 3.21%

This data is as on 24th April 2025.

The asset allocation for Axis Money Market Fund(M-IDCW) is as follows:

• Certificate of Deposit | 67.92%
• Commercial Paper | 26.07%
• Government Securities | 9.56%
• Treasury Bills | 6.74%
• N/A | 0.29%

This data is as on 24th April 2025.

The AUM (i.e. assets under management) of Axis Money Market Fund(M-IDCW) is ₹14611.11 Cr as of 24th April 2025.

The expense ratio of Axis Money Market Fund(M-IDCW) Plan is 0.16 as of 24th April 2025.

The volatility or standard deviation for the Axis Money Market Fund(M-IDCW) is 0.37

Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

The Sharpe ratio for the Axis Money Market Fund(M-IDCW) is 10.71

The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

The Sortino Ratio for the Axis Money Market Fund(M-IDCW) is 1.54

The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.